Zambia has successfully concluded its extended International Monetary Fund Credit Facility programme.

Namibia's economy is reported to have recovered in 2023 and will see a strong rebound in mineral production.

This was revealed by the International Monetary Fund at a media briefing on its mission conclusion for Namibia.

Finance and Public Enterprises Minister, Iipumbu Shiimi has dismissed reports that government will not affect civil servants' salary increments as a result of stringent conditions enforced by the International Monetary Fund.

The International Monetary Fund (IMF) chief said there is a "fundamental shift" in the global economy, urging countries to bring down inflation, put in place responsible fiscal policy, and jointly support the emerging market and developing economies.